Category Archives: Economics

My “Ending Apolloism” Talk At Space Access

I’ve uploaded the Powerpoint to the site.

It’s an outgrowth of my “SLS Roadblock” project, which I’m figuring out how to either wrap up or extend.

Stop Trying To Make Apollo Happen

[Update a while later]

Erratum: At the time I originally created these charts, for the FISO telecon at the end of January, Dana had proposed the Space Settlement bill. He has since actually introduced it.

The SLS Disaster

Eric Berger writes that Congress is forcing NASA to eat its seed corn for the #JourneyToMars.

Yes.

[Update a while later]

This is a key point:

Since Tuesday, I have been asking communications officials in NASA’s Human Exploration and Operations Mission Directorate for clarification on what this extra funding will be used for and whether it’s needed. I haven’t received a response.

Because they don’t have a response. It is programmatic insanity to just throw hundreds of millions of dollars at a manager and expect them to spend it sensibly in a single year.

ObamaCare

We told you so:

Obamacare, as constructed, attempted to fix a dysfunctional health care payment system by creating an even more complicated system on top of it, filled with subsidies, coverage mandates, and other artificial government incentives. But its result has been a system that plucked Americans out of coverage they like and forced them to pay more for less.

Now the insurers are beginning to realize that in spite of all the subsidies and mandates working in their favor, and despite all of the cost-cutting they have had to do at the expense of consumers, they just can’t make money in this system.

Of course, it was designed to fail, to provide a political glide path to single payer.

The 97% Number That Won’t Die

The problem is that the issue is not whether or not “humans are causing global warming.” I can concede that there is a good possibility of that, and it still has zero implications for policy, absent quantification with sufficient confidence levels, which remain lacking.

[Afternoon update]

“Climatologists will say that the way the question is worded depends on whether they are included,” Morano said. “We have many skeptical scientists included as the 97 percent because of the way the questions [in surveys] are asked are so vague and broadly worded.”

Yup.